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HFT firm head defends HFT
Started:August 7th, 2012 (02:07 PM) by Cloudy Views / Replies:580 / 0
Last Reply:August 7th, 2012 (02:07 PM) Attachments:0

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HFT firm head defends HFT

Old August 7th, 2012, 02:07 PM   #1 (permalink)
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HFT firm head defends HFT

and says "humans should stick to long term investing" , presumably not daytrading. (CNBC 2:50 minutes in)


Older 60 minutes report featuring Narang's firm (2:10 minutes in):

To his credit, Narang and his firm "Tradeworks" was the only one who agreed to shed light on their HFT details and work with the SEC. JPM and MS refused media
questions about their HFT divisions.

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